NZDUSD Approaching Support, Potential For A Bounce!

27 ביולי 2018

NZDUSD is approaching support at 0.6770 (61.8% Fibonacci extension, 61.8% & 50% Fibonacci retracement, horizotnal swing low support) where a bounce to its resistance at 0.6823 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) could occur.
Stochastic (55, 5, 3) is testing its support at 3% where a corresponding bounce could occur.